Brookstone Capital Management Has $12.96 Million Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Brookstone Capital Management grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 264.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 474,334 shares of the company’s stock after acquiring an additional 344,093 shares during the quarter. Brookstone Capital Management owned 0.07% of Schwab US Dividend Equity ETF worth $12,959,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SCHD. Fiduciary Alliance LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 277.6% in the 4th quarter. Fiduciary Alliance LLC now owns 430,466 shares of the company’s stock valued at $11,760,000 after buying an additional 316,459 shares during the last quarter. Winthrop Advisory Group LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 196.9% in the 4th quarter. Winthrop Advisory Group LLC now owns 371,601 shares of the company’s stock valued at $10,152,000 after buying an additional 246,435 shares during the last quarter. Boyce & Associates Wealth Consulting Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 211.8% in the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 36,148 shares of the company’s stock valued at $988,000 after buying an additional 24,555 shares during the last quarter. Crescent Sterling Ltd. boosted its holdings in shares of Schwab US Dividend Equity ETF by 218.4% in the 4th quarter. Crescent Sterling Ltd. now owns 230,204 shares of the company’s stock valued at $6,289,000 after buying an additional 157,914 shares during the last quarter. Finally, EWG Elevate Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $9,315,000.

Schwab US Dividend Equity ETF Stock Up 0.6 %

Shares of NYSEARCA SCHD traded up $0.16 during trading hours on Monday, hitting $27.17. The company had a trading volume of 5,355,714 shares, compared to its average volume of 15,497,598. The firm’s 50 day moving average is $28.29 and its 200-day moving average is $27.77. Schwab US Dividend Equity ETF has a 1-year low of $24.97 and a 1-year high of $29.72. The stock has a market capitalization of $19.06 billion, a P/E ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.